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The following is selected data for Hunter Equipment, Inc., for the current year: Sales. . . . . . . . . . . .
The following is selected data for Hunter Equipment, Inc., for the current year: Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $796,000 Net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . 49,000 Total current assets, beginning. . . . . . . . . . . . . 98,000 Total current assets, ending. . . . . . . . . . . . . . . 119,000 Property, plant and equipment, beginning. . . . 268,000 Property, plant and equipment, ending. . . . . . 391,000 Total assets, beginning. . . . . . . . . . . . . . . . . . . 366,000 Total assets, ending. . . . . . . . . . . . . . . . . . . . . 510,000 Calculate the return on assets (ROA) and the fixed asset turnover ratio for Hunter Equipment for the current year. Round your
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